In a time of great economic uncertainty, fueled largely by the pandemic, geopolitical threats, escalating inflation, and a supply-chain crisis, banks are undergoing major credit risk transformations (CRTs) to improve their credit risk modeling and decisioning capabilities. But this is proving a difficult task in a volatile market rife with technological upheaval and up-and-coming digital…
HEIGHTENED FOCUS ON ASSET LIABILITY MANAGEMENT Recent stresses in the financial sector are causing risk professionals to want more from ALM analytics and technologyA volatile business environment, evolving regulatory requirements, more integrated approaches to risk management, and technology change all signal a need for best practices in asset liability management (ALM)Celent and SAS went to…
The economic environment of the post-pandemic era has been particularly challenging. Workforce shortages and drastic shifts in consumer spending due to COVID-19 fears and widespread lockdowns throttled businesses. Supply chain disruptions, geopolitical uncertainties and unprecedented fiscal stimulus programs contributed to inflation levels unseen in decades. This situation led central banks to pursue tighter monetary policies,…
How AI is changing the storage consumption landscape When it comes to storage for AI applications, the key issue isn’t that these apps consume more storage than other applications — they don’t. The key issue is that they consume storage differently. With AI applications, data moves from storage to AI processing or I/O. It also…
The adoption or integration of a new technology can present many barriers within an organization. One barrier involves the significant expertise required to get the most from your investment. Another barrier is IT-focused, as many organizations struggle to define and meet service levels − and keep up with demands for an efficient and effective 24/7…
Companies are rapidly moving analytics workloads to the cloud More than ever, businesses are moving their data and analytics capabilities to the cloud – and for good reason. Nearly 80% of companies estimate that 50% – 90% of their data is unstructured. The cloud makes it easy to aggregate and organize all your data –…
Common goals Under the diverse umbrella of government programs, teams across all departments, agencies or ministries want to strengthen decisions, embrace and advance innovation, promote data privacy and transparency, and inspire social transformation. Whatever the primary mission, the common goals are to make the best use of taxpayer money while delivering optimal results and increasing…
The purpose of this playbook is to provide your MSP with a step-by-step process on how to effectively sell penetration testing services to your customers. We’ll show you how to: Compete with a prospect’s current provider by offering ongoing penetration testing (internal and external) at 50% the cost of their current provider. Sell the value…
Embrace mindful, holistic, and business-led modernization It’s no secret that many enterprises rely heavily on mainframes. For this blog, we will focus on financial services firms, where 88% of the top 50 banks and 80% of the top ten US insurance companies still rely on mainframes – but the concepts we’ll cover can apply in…
The cloud revolution is in full swing, but a one-size-fits-all approach does not suffice for every industry. Industry Vertical Cloud Platforms and Services emerge as the next-generation solution, addressing unique needs and complexities of specific sectors. As a trusted Global Systems Integrator (GSI), we understand your challenges and opportunities. This whitepaper explores the immense potential…
Cloud Analytics is a topic that has evolved from the diffusion of technologies such as data analytics, AI/ML, Generative AI and cloud computing.Cloud Analytics with AI (Artificial Intelligence) and ML (Machine Learning) is a platform that leverages cloud computing capabilities and advanced data analytics techniques to generate valuable insights to influence the data driven decision…
Application modernization in adopting Cloud native principles is recognized as one of the main enablers of Digital Transformation.But Migrating Business Applications to the cloud at scale is a real challenge which should require appropriate planification, industrialization (tools, methodology, organisation) and could now take benefits from AI-ML and Gen AI.Next Gen Application Transformation looks to automate…